NOT LISTED FOR SALE

1932 W Valencia Dr Fullerton, CA 92833

3 Beds
2 Baths
1,972 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: May 22, 2025

Last sale price $2,300,000 $1,166 Per Sq Ft

23 Days on Market

About This Home

As of May 2025

Contact for property brochure. This property is for sale with its neighboring property 1938 W. Valencia. The property consists of two triplexes on separate parcels, 1932 & 1938 W. Valencia for a total of 6 units. Spacious Lot with Expansion Potential – The 18,100 sq. ft. lot offers the possibility for an Accessory Dwelling Unit (ADU) addition, increasing future rental income and overall property value. Implementation of a Ratio Utility Billing System (RUBS) allows for utility cost recovery, improving net operating income without increasing base rents. Tenant-Preferred Features – Each single story triplex features an individual walkup entrance, creating a sense of privacy and home-like living, a strong leasing advantage over traditional apartment layouts. The property includes garage parking, a premium amenity that enhances tenant retention and adds value to the investment along with individual patios.

Last Agent to Sell the Property

Ryan Anderson

R L M Equities Brokerage Phone: 949-290-0199 License #01939764 Listed on: 03/19/2025

Last Buyer's Agent

Brian Froussine

FIV Realty Co. License #02237114

FIV Realty Co.

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1953

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • 030-411-05

Parking

  • 3 Car Garage
  • 1 Carport Space

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1577
  • Assessor Parcel Number 03041104
  • $12,217 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $1,200
  • Insurance Expense $2,169
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $20,319
  • Gross Income $70,824
  • Net Operating Income $50,505

Property Details

Home Type

Apartment

Year Built

Built in 1953

Lot Details

9,148 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 03041104
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1166.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 030-411-05
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Electric Expense: 1200.00
  • Fuel Expense: 1200.00
  • Gross Income: 70824.00
  • Gross Scheduled Income: 72270.00
  • Insurance Expense: 2169.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 50505.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 20319.00
  • Rent Control: No
  • Total Expenses: 20319.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • Tax Census Tract: 19.01
  • Tax Lot: 2
  • Tax Tract Number: 1577
  • TaxOtherAnnualAssessmentAmount: 12217.00
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2025 05/22/25 Sold $2,300,000 +100.0% $1,166 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $1,150,000 -- $583 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,767 $820,013 $748,634 $71,379
2024 $9,385 $803,935 $733,955 $69,980
2023 $9,156 $788,172 $719,564 $68,608
2022 $9,090 $772,718 $705,455 $67,263
2021 $8,934 $757,567 $691,622 $65,945
2020 $8,884 $749,800 $684,531 $65,269
2019 $1,505 $70,868 $33,782 $37,086
2018 $1,484 $69,479 $33,120 $36,359
2017 $1,462 $68,117 $32,470 $35,647
2016 $1,438 $66,782 $31,833 $34,949
2015 $1,406 $65,779 $31,354 $34,425
2014 $1,371 $64,491 $30,740 $33,751
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP25059057

California Regional Multiple Listing Service (CRMLS)

APN: 030-411-04

Your Personal Tour Guide

Ask me questions while you tour the home.